{"id":459056,"date":"2023-11-22T16:47:00","date_gmt":"2023-11-22T16:47:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=459056"},"modified":"2023-11-22T17:07:44","modified_gmt":"2023-11-22T17:07:44","slug":"pepe-2-0-price-prediction-pepe2-0-plummets-14-as-investors-scramble-to-buy-this-new-meme-coin-sensation-with-only-hours-left-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-2-0-price-prediction-pepe2-0-plummets-14-as-investors-scramble-to-buy-this-new-meme-coin-sensation-with-only-hours-left-in-presale","title":{"rendered":"Pepe 2.0 Price Prediction: PEPE2.0 Plummets 14% As Investors Scramble To Buy This New Meme Coin Sensation With Only Hours Left In Presale"},"content":{"rendered":"

The Pepe 2.0 price plunged 14% in the last 24 hours to<\/span> trade at $0.00000005117<\/span><\/a> as of 10:20 a.m. EST. <\/span><\/p>\n

Despite the decline, the weekly performance of Pepe 2.0 shows a 1% increase, resulting in a substantial monthly surge of 288% in the token’s price, confirming the prevailing general bullish trend. <\/span><\/p>\n

The trading volume has also crashed by 78%, reaching $13 million in the past 24 hours. <\/span><\/p>\n

Pepe 2.0 Price: Bulls Regroup Confirming Overall Bullish Momentum<\/span><\/h2>\n
\"PEPE
PEPE 2.0 Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n

Buyers of PEPE 2.0 have consolidated near the $0.00000000325 support level, gaining strength and sparking a robust recovery. <\/span><\/p>\n

The price reached the resistance point of $0.000000008964, triggering a bearish correction to $0.00000003808. <\/span><\/p>\n

Despite being rejected at $0.000000007964, the bulls showed resilience, reclaiming control around the $0.00000003808 support level and propelling the price to $0.000005232.<\/span><\/p>\n

Bulls faced rejection at this point upon the formation of the double top pattern, which indicates a trend change to the bearish trend, breaching the $0.000000007964 level to the $0.00000003808 support.<\/span><\/p>\n

Finding an anchor on this support, the bulls have gathered up force with the potential for a sustained bullish trend to reclaim the $0.000005232 high. <\/span><\/p>\n

The current price trades above the 50-day simple moving average, reinforcing the bullish outlook and serving as immediate support for Pepe 2.0.<\/span><\/p>\n

Although the Relative Strength Index (RSI) has experienced a decline, it shows a rebound from the 50 neutral level, indicating a potential for higher momentum and buying pressure at earlier levels.<\/span><\/p>\n

Pepe 2.0 Price: Rises In Upward Trend<\/span><\/h2>\n

The PEPE 2.0 price is generally on an upward trend, with the 50-day Simple Moving Average (SMA) and the Relative Strength Index (RSI) both indicating bullish strength. This positive momentum has allowed the bulls to bounce back from the $0.00000003808 support level. <\/span><\/p>\n

However, the $0.000000007964 resistance presents a challenge that buyers need to overcome in their pursuit of reaching a high of $0.00000015297 in 2023, reflecting a 55% increase from the current price.<\/span><\/p>\n

Buyers should approach the market cautiously, as there is a potential for a further downturn if the bears manage to breach the $0.00000003808 support zone, a crucial level of support.<\/span><\/p>\n

The risk of a further downturn may mean some investors should consider an alternative such as Meme Kombat token MK.<\/span><\/p>\n

Meme Kombat Raises $2 Million, $10,000 Giveaway Winners To Be Announced<\/span><\/h2>\n

Investors still have a chance to acquire <\/span>MK tokens<\/span><\/a>, as the price will rise to $0.214 in less than 24 hours. Meme Kombat has successfully raised over $2 million already, nearing its presale goal of $2.5 million. MK tokens are available at a discounted rate of $0.205 each.<\/span><\/p>\n

\n

We did it fighters!!!<\/p>\n

We passed $2 million raised in presale for $MK<\/a> 👏<\/p>\n

Now to find out who wins the 10,000 USDT👀 pic.twitter.com\/qEGeDTnwWP<\/a><\/p>\n

— Meme Kombat (@Meme_Kombat) November 22, 2023<\/a><\/p><\/blockquote>\n